For individuals who want to get personal loans, their age should be between 21 to 60 years as per Axis Bank requirements. Axis Bank provides loan amounts starting from 50,000 to 15,000,000 with a time duration of a minimum of 1 year to 5 years maximum. As for their interest rate, the interest rate of Axis Bank personal loans ranges from a minimum of 12% to a maximum of 24% per year.
Axis Bank Personal Loan Details:
Axis Bank personal loan helps individuals who are in urgent need of money. A personal loan can easily help customers to fulfill long-term and short-term needs, which can be anything. From buying automobiles, two-wheelers & four-wheelers, for wedding expenses, and house renovation, to a good family vacation. No need to wait, apply for the Axis Bank personal loan today and the amount will transfer into your account within 48 hours (2 days), and fulfill your goal at the earliest.
Axis Bank Personal Loan Information
Axis Bank Personal Loan provides easy loan within 2 days (48 hours) with interest 12% p.a. onwards. Below table gives the complete details of Personal Loan.
| Axis Bank Personal Loan | Details |
|---|---|
| Loan Category: | Personal Loan |
| Loans Offering: | Personal Loan, two-wheeler, new/used cars loan, travel loan, medical loan etc. |
| Loan Type: | Unsecured personal loan |
| Interest Rate: | 12% p.a. onwards |
| Processing Fee: | Upto 2% + applicable tax |
| Approval Process: | Both online and offline |
| Minimum Income Requirement: | ₹15,000 |
| Loan Approval Timing: | 2 days (48 hours) |
| Minimum Loan Amount: | ₹50,000 |
| Maximum Loan Amount: | ₹15 Lakh |
| Minimum Loan Period: | 12 months/ 1 year |
| Maximum Loan Period: | 60 months/5 years |
| Type of Interest Rate: | Fixed interest |
| Interest Charging Method: | Reducing balance method |
Axis Bank Personal Loan Eligibility Criteria
| Axis Bank Personal Loan | Details |
|---|---|
| Salaried Employees | Yes |
| Salaried Doctors | Yes |
| Employees of public and private limited companies | Yes |
| Government sector employees including Public Sector Undertakings, Central and Local bodies | Yes |
| Loan for Pensioners | Yes |
| Loan for Existing Customers | Yes |
| Self-Employed | Yes |
| Selected Corporate | Yes |
| Other Criteria | Salaried employees should have a minimum work experience of 24 months |
| Minimum Age | 21 years |
| Maximum Age | 59 years at the time of maturity of the Personal Loan |
| Minimum Income Requirement | ₹15,000 |